Naturgy Energy Group (OTCMKTS:GASNY) Earns “Outperform” Rating from Royal Bank of Canada

Royal Bank of Canada reissued their outperform rating on shares of Naturgy Energy Group (OTCMKTS:GASNY) in a report issued on Thursday morning, The Fly reports.

Other equities research analysts have also recently issued research reports about the company. Barclays reaffirmed an overweight rating on shares of Naturgy Energy Group in a report on Tuesday, June 8th. Societe Generale set a $5.21 price objective on Naturgy Energy Group and gave the stock a hold rating in a research report on Tuesday, July 13th. Finally, JPMorgan Chase & Co. reiterated a neutral rating on shares of Naturgy Energy Group in a research report on Thursday, May 6th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $5.21.

Shares of OTCMKTS:GASNY traded up $0.08 during midday trading on Thursday, hitting $5.22. The company had a trading volume of 28,958 shares, compared to its average volume of 20,632. Naturgy Energy Group has a twelve month low of $3.60 and a twelve month high of $5.39. The firm’s 50-day moving average is $5.19.

About Naturgy Energy Group

Naturgy Energy Group, SA, together with its subsidiaries, engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of natural gas in Spain and internationally. The company operates through Energy and Network Management, Renewables and New Business, and Marketing segments.

Featured Article: Resistance Level

The Fly logo

Analyst Recommendations for Naturgy Energy Group (OTCMKTS:GASNY)

Receive News & Ratings for Naturgy Energy Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Naturgy Energy Group and related companies with MarketBeat.com's FREE daily email newsletter.